OceanPact is one of the main maritime service providers in Brazil. We provide services related to the study, protection, monitoring and sustainable use of the sea, coastline and marine resources in the oil and gas sector, as well as in several other sectors of the economy, including ports, navigation, mining, energy and telecommunications.
We have two operating segments, vessels and services, and operate across the following three business units:
- Environment – Environmental protection services, oceanographic surveys, environmental licensing and studies, operational safety and environmental remediation. This business unit accounted for 54% of our consolidated net operating revenue in the nine-month period ended September 30, 2020 and represented approximately 18% market share in the OSRV market in terms of number of vessels, according to ABEAM and based on internal data as of November 2020. As of September 2020, we were one of the leading providers of environmental solutions to clients such as Petrobras, ExxonMobil, Chevron, Karoon, AET Tankers, Vale, Shell, Total, Equinor, Braskem, Suzano, Prumo Logística, Cargil, Anglo American and Trident, according to internal data and data from ABEAM.
- Subsea – Services related to geophysics, geotechnics, inspection, repair and maintenance, support to construction and decommissioning. This business unit accounted for 31% of our consolidated net operating revenue in the nine-month period ended September 30, 2020 and represented a market share of approximately 29% in the RSV sector in terms of number of vessels, according to ABEAM and based on internal data as of November 2020. As of September, 2020, the Company offers the services mentioned above to customers in the Oil and Gas, Energy and Telecommunications sectors.
- Logistics and Engineering – Services related to maritime logistics, offshore support bases, port and coastal engineering, works and dredging, facilities and industrial cleaning. This business unit accounted for 15% of our consolidated net operating revenue in the nine-month period ended September 30, 2020.